Social obligation debts may be repaid with government bonds

09/25/15 12:02

Social obligation debts may be repaid with government bonds

President Yevgeny Shevchuk told it at the International forum "25 Years Together with Russia" today

The Head of state attended the forum on its third and final day. Among all other questions to the President, possibilities and terms of pension and salary debt payment were discussed. Answering this question, Yevgeny Shevchuk noted that the total debt amount is over 50 million dollars then. He reminded why it had been decided to pay trimmed salaries and pensions and emphasized that if the Government had devaluated the ruble, a big part of population would become depleted. Nevertheless, despite the existing terms and conditions of salary and pension payment, purchasing power in Pridnestrovie is higher, than in Moldova and Ukraine today.

Yevgeny Shevchuk noted concerning the terms of debt payment that it was difficult to speak about it beacause it was difficult to predict the evolution of external economic situation. However, now the President and the Government consider a possibility to issue government bonds according to the state debt.

According to Yevgeny Shevchuk, this question is discussed in relevant departments now and the final decision may be made next week.

 

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